On November 12, 2015, UK Regulations amending primary and secondary legislation to give effect to the EU Regulation on European Long-term Investment Funds, known as ELTIFs, was published. ELTIFs are a new type of alternative investment fund managed by authorized Alternative Investment Fund Managers. The Regulations come into force on December 3, 2015.

The Regulations are available at: http://www.legislation.gov.uk/uksi/2015/1882/pdfs/uksi_20151882_en.pdf.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.